St. Louis-based Ascension Health signed a memorandum of understanding with Tulsa, Okla.-based Marian Health System to acquire the three regional health systems that comprise Marian Health.
Transactions & Valuation Issues
Ohio's TriHealth has announced it has acquired Gastroenterology Consultants of Cincinnati, according to a news release.
After more than a month of allegations, court hearings and overall tension, attorneys for Pittsburgh-based West Penn Allegheny Health System said health insurer Highmark remains the "best-suited partner" for the financially beleaguered health system, according to a Pittsburgh Business Times…
Valencia, Calif.-based U.S. HealthWorks, a subsidiary of San Francisco-based Dignity Health, has acquired Priority Care, an occupational health services and urgent care center in Erie, Pa., according to a Sacramento Business Journal report.
Activity in the managed care merger and acquisition market slowed greatly over the last five and a half years due to the Great Recession and uncertainty regarding federal healthcare reform, according to an Irving Levin Associates' report, "The Managed Care…
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From Jan. 1, 2007 through June 30, 2012 there were a total of 432 recorded transactions in which a buyer targeted a non-profit organization either as a merger partner or an outright acquisition target, according to an Irving Levin Associates…
Kewanee (Ill.) Hospital has signed a letter of intent to affiliate with OSF HealthCare in Peoria, Ill.
HealthCare Midwest in Kalamazoo, Mich., plans to join Bronson Healthcare in Kalamazoo.
Lakeland (Fla.) Regional Medical Center has received approval from Lakeland city commissioners to amend the city's contract with the hospital, allowing the hospital's partnership with the University of South Florida to advance, according to a Ledger report.
Connecticut Gov. Dannel P. Malloy denies claims that he urged Saint Mary's Hospital in Waterbury, Conn., to include Waterbury (Conn.) Hospital in the proposed joint venture with Plano, Texas-based LHP Hospital Group, which was announced in March and fell through…